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and frankly, and that's what speaker boehner is worried about. he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you following that? >> yes. >> what do you think of that, and what do you think the congress thinks of that? >> well, it has to be raised. >> that's the power of the purse. >> the power of the purse is the power to spend. congress has already authorized and appropriated all of this money. now, it wants to come back in and prevent the government from paying the debts accrued by congress itself. so there is something absurd in congress coming in behind, and saying all of am money that we appropriated, we -- this money that we appropriated, we don't want to pay for it. w
and frankly, and that's what speaker boehner is worried about. he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you...
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Dec 5, 2012
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boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax reform that includes closing the loopholes, eliminating some of those tax credits, that will actually impact the wealthiest. >> reporter: some republicans said the boehner plan goes too far in taxing the well-off. south carolina senator jim demint, a staunch fiscal conservative, blasted the plan on twitter today. he said speaker boehner's offer of an $800 billion tax hike will destroy jobs and allow politicians in washington to spend even more. but the senate's democratic majority leader harry reid warned republicans against listening to such voices. >>
boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax...
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Dec 8, 2012
12/12
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but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money. >> we doubled spending. >> well, we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise, as far as taxes are concerned. >> well, how we go about tax reform, there's a lot of room to work together. >> lower the rats. i'm not sure where the democrats are. th they have not offered the plan. >> they keep the bush tax rates. the top two percent let them go from 35% to 39.6%. >> it's incredible to me we're already talking about it. it runs the government for five or six days. >> but at the beginning, every billionaire winds up being real money. >> but the president has known about this so-called cliff for over a year. and it's yet to present a plan that reduces our deficit. i'm willing to work with anyone who's willing to put a plan on the table. but our party, or anyone, should not
but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money. >> we doubled spending. >> well, we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise, as far as taxes are concerned. >> well, how we go about tax...
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Dec 7, 2012
12/12
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in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that because it is a little difficult to say, yeah we want to raise retirement age for medicare or we want to cut or limit the social security cost of living adjustment. but i think the democrats will say, republicans you have to demand it but we'll give it to you if you demand it. martha: seems there are two levels of the political reaction to all of this. you've got the moment when a deal is reachesed, okay? you have what happens to the economy, six, seven, eight months down the road. if indeed you allow taxes to go up on all 100% and it starts to hit businesses
in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that...
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we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say
we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key...
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Dec 6, 2012
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boehner owes us. boehner needs to say we've agreed on tax rates but everybody else around him seems to be agreeing that they're going to raise tax rates. then you say that to boehner's office. no, no. that's not true. >> right. meanwhile the american people are rolling their eyes and not paying attention to any of this. >> look, the stock market has been -- it's been a little troubling for the last three weeks or so. but absolutely. this is like total washington style political posturing. in the end will they get a deal? absolutely. they always get a deal. >> but the question is, is it a small deal or a big deal? >> well sure. >> and that is where i'm a pessimist on i think the smallest possible -- >> yeah. temporary. >> small as possible. >> they'll tackle it next year. >> because there is so much left on the table. we have the debt ceiling, one area where republicans really do have their leverage, you know, that is coming up, too. it's got to be a small deal. >> what is the debt ceiling leverage? i
boehner owes us. boehner needs to say we've agreed on tax rates but everybody else around him seems to be agreeing that they're going to raise tax rates. then you say that to boehner's office. no, no. that's not true. >> right. meanwhile the american people are rolling their eyes and not paying attention to any of this. >> look, the stock market has been -- it's been a little troubling for the last three weeks or so. but absolutely. this is like total washington style political...
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Dec 13, 2012
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house speaker john boehner left the capitol building about 10 minutes ago. he will motorcade over here. he should be here in a short while to begin yet another meeting with president obama. the two had a phone call earlier this week. on the phone the house speaker said they made little progress. aides say over the last few weeks there has been little discussion, constructive discussion moving towards a compromise. this is yet another attempt to get something moving. the white house put an offer on the table. republicans called it a joke. house republicans put a offer on the table. white house said it wasn't serious. since then the two sides have not moved that much closer to one another. the white house wants immediate tax increase on families earning more than $250,000 through a tax rate increase. for republicans they want more detailed spending cut plan out of the white house before they agree to any revenue increases. that impasse has continued. when you talk about how this is going to game out, at least what you're timing is on this, sandra, you have to
house speaker john boehner left the capitol building about 10 minutes ago. he will motorcade over here. he should be here in a short while to begin yet another meeting with president obama. the two had a phone call earlier this week. on the phone the house speaker said they made little progress. aides say over the last few weeks there has been little discussion, constructive discussion moving towards a compromise. this is yet another attempt to get something moving. the white house put an offer...
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john boehner gave an eagle scout the honor of flipping that switch. >> 3,
john boehner gave an eagle scout the honor of flipping that switch. >> 3,
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boehner said no way. and then tom cole said boehner should not offer a counterproposal to the fiscal cliff deal the president presented. boehner offered a proposal yesterday. i asked cole if he's frustrated with john boehner. >> no, not in the least. look, i support the speaker. and we're actually not very far apart on anything. and, you know, at the end of the day, he's going to negotiate a deal. it will probably be a challenging vote for a lot of people. i always support him. i would expect i will again and try and persuade others. just to be clear, i'm not for raising taxes on anybody. i think it's a mistake. i think all republicans believe that. however, you have to recognize the reality that at the end of the month, tax rates for every american that pays income tax are going to go up. so there is an area that we do agree with the president on. that is 98% of the american people, getting about 80% of this tax cut shouldn't have their taxes raised. so my suggestion -- it was delivered, by the way, in p
boehner said no way. and then tom cole said boehner should not offer a counterproposal to the fiscal cliff deal the president presented. boehner offered a proposal yesterday. i asked cole if he's frustrated with john boehner. >> no, not in the least. look, i support the speaker. and we're actually not very far apart on anything. and, you know, at the end of the day, he's going to negotiate a deal. it will probably be a challenging vote for a lot of people. i always support him. i would...
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the holdup right now is that speaker boehner took a position the day after the campaign. that said we are willing to bring in revenue and not willing to bring in rates. we have could solve this in a week. it's not that tough. but we need that conceptual break through. >> we have a debt problem out of control. we have to cut spending. i believe we can put revenue on the table. revenues on the table will come from guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more, more of their money to the federal government without raising tax rates which we believe will harm our economy. i'll be here. i'll be available at any moment to sit down with the president to get serious about solving this problem. >> bret: the back and forth today in the fiscal cliff negotiations that aren't really negotiations as they're not sitting in one room. today, the treasury secretary tim geithner said in an interview that there is a little bit of progress. but yes, the white house would, "absolutely go over the fiscal cliff" if the republicans woul
the holdup right now is that speaker boehner took a position the day after the campaign. that said we are willing to bring in revenue and not willing to bring in rates. we have could solve this in a week. it's not that tough. but we need that conceptual break through. >> we have a debt problem out of control. we have to cut spending. i believe we can put revenue on the table. revenues on the table will come from guess who? the rich. there are ways to limit deductions, close loopholes and...
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liz: breaking news, president meeting with boehner, 5 p.m. easternment don't move, here comes the closing bell, six minutes away, and we'll be right back to take you there. blrchg players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doi and being ready, no matter what happens, which isn't rocket science. it's ju common sense, from td ameritrade. liz: not a whale breaching out of the water, but the markets came back a bit on news that the president is meeting with speaker of the house, john boehner, david, at 5 p.m. eastern. the markets came back a little bit. david: see what they have to say. of course; they have been negative talking by themselves, w
liz: breaking news, president meeting with boehner, 5 p.m. easternment don't move, here comes the closing bell, six minutes away, and we'll be right back to take you there. blrchg players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he...
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Dec 13, 2012
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those are the words of house speaker john boehner. harry reid, the democrats, of course, said we cannot ignore the american people on tax hikes. ron hine on why he says there is still no reason to panic on the cliff. our very own lou dobbs is not buying it. adam: our very own nicole petallides is on the new york stock exchange. where do we stand right now. right now the dow jones industrials are down nearly 60 points. the nasdaq composite is down three quarters of 1%. not a great day here. there are concerns about the fiscal cliff. we just have the deadline timeclock up again. we know that we have very accommodative fed's. let's take a look at some european markets. finance ministers have been discussing things including giving them more power. these are some of the things that they are looking at closely. we had seen europe really pushing some new recent highs. that is something that pushed us along in the last couple days. lori: a showdown in washington. sparring over a dead deal. it does not look like either party is ready to budge
those are the words of house speaker john boehner. harry reid, the democrats, of course, said we cannot ignore the american people on tax hikes. ron hine on why he says there is still no reason to panic on the cliff. our very own lou dobbs is not buying it. adam: our very own nicole petallides is on the new york stock exchange. where do we stand right now. right now the dow jones industrials are down nearly 60 points. the nasdaq composite is down three quarters of 1%. not a great day here....
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the serious negotiations and that president -- the president has put forth an offer and speaker john boehner has put forth that offer. the fact that this is rejected is to be expected but it is testing ground. we have seen that between them have gone through this process. i believe we will get there. both sides so that we cannot win are refusing to compromise. we both have our right to be here and we have countered with some revenue in places. we want to see what the president will do in terms of cuts. where are concerned about the deficit. i believe we will get there. i really do. >> you are a perennial optimist. you make everything seem sunny. we are at a stalemate. republicans do not want to raise taxes and democrats to know what to -- do not want to cut spending. >> the president has the political upper hand. if nothing happens, the tax rates do expire as is and they go up and the sequestration of takes place. he can vote -- publicly blame that on republicans to. he would have the upper hand. policy-wise east as -- he has to combat and ask for an increase in the debt ceiling. he knows th
the serious negotiations and that president -- the president has put forth an offer and speaker john boehner has put forth that offer. the fact that this is rejected is to be expected but it is testing ground. we have seen that between them have gone through this process. i believe we will get there. both sides so that we cannot win are refusing to compromise. we both have our right to be here and we have countered with some revenue in places. we want to see what the president will do in terms...
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two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift. like a lot of things, trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - t
two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the...
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it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and the white house are close. mann while, back to the debt ceiling. the new republicans' main point of leverage n. a rare misstep, mcconnell may have taken some of that leverage away in a move that ended with mcconnell filibustering himself. the president doesn't have enough democratic support, mcconnell moved to vote to permanently give the president the rate to approve the debt ceiling. reid shocked mcconnell by calling the idea of having that vote a positive development. forcing him to reject a vote he had called for himself. >> is there objection? >> reserving the right to object, matters of this controversy -- what we're talking about
it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and the white house are close. mann while, back to the debt ceiling. the new republicans' main point of...
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Dec 13, 2012
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>> president obama and representative boehner have announced and boehner's office confirmed they will meet at the white house today at 5:00 p.m. eastern right after -- right after the closing bell, bill. >> right after. >> the point is the house has said they are going away for a long weekend tomorrow, and here we have boehner -- >> wait, don't go yet. >> getting this meeting in at 5:00 p.m., and it's amazing the market came halfway back just on that announcement. not that we have details of a deal, not that we know that we're having an agreement. just the fact that they are meeting. >> actually i thought they would come off the loews much more. >> you did. >> cut it in half, but it stalled here. >> we need more detail. it is encouraging. >> yeah. >> that they are talking. i mean, as long as you've got them in the same room. now, you know, john boehner has said he's leaving tomorrow, come hell or high water. he's going back home to get red for christmas. he says, you know, there is a telephone. >> not leaving for a long weekend. >> you can negotiate over the telephone? >> can't do it.
>> president obama and representative boehner have announced and boehner's office confirmed they will meet at the white house today at 5:00 p.m. eastern right after -- right after the closing bell, bill. >> right after. >> the point is the house has said they are going away for a long weekend tomorrow, and here we have boehner -- >> wait, don't go yet. >> getting this meeting in at 5:00 p.m., and it's amazing the market came halfway back just on that announcement....
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we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >> well, i think republican voices are being raised. even lindsey graham over in the senate and in the house, you're seeing the congressman speak out from ohio. though he's leaving, he sees a path forward to an agreement. i think we need 218 to pass a measure in the house, and i think we're on the road to do that. >> quickly, we have to talk about major changes to social security and medicare. you are against it. a new poll shows that 70% are opposed to medicaid spending cuts, 51% oppose raising medicare age. where are you you willing to compromise on entitlements when that par
we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >>...
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he was willing to do that in negotiations with boehner in 2011. he's willing to even think about raising the age of eligibility for medicare. he was willing, if the republicans would have played on obamacare, to give them malpractice reform. >> he's not leading on it. >> well, i mean, you know, he's no, on it. and i think that every time the president makes an initial proposal, republicans squeal and say it's of-- it's negotiating. and i think that negotiation is going on now. and if they're smart-- i know this is a real leap if of when it comes to this congress-- if they're smart, they'll get it done in the next week. >> schieffer: major, all the problems are not here at home. there are pretty big ones building overseas. this whole syria mess. ones where this thing is going. what's the latest on that. >> the feeling in the administration is they're gathering intelligence information on an hourly basis to try to figure out what's happening to the stockpiles of chemical weapons. with they being mixed, moved, is there anything of dire immediate cons
he was willing to do that in negotiations with boehner in 2011. he's willing to even think about raising the age of eligibility for medicare. he was willing, if the republicans would have played on obamacare, to give them malpractice reform. >> he's not leading on it. >> well, i mean, you know, he's no, on it. and i think that every time the president makes an initial proposal, republicans squeal and say it's of-- it's negotiating. and i think that negotiation is going on now. and...
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the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate balduan is in washington, d.c., this morning. so that's kind of a depressing thing, when just the advent of a phone conversation between the two top dealmakers is the headline, isn't it? >> i could not agree with you more. the fact that they spoke, but the fact that there's no progress, and that's a headline. i mean, if we want to take anything from it, any significance, it's the first time they've talked in a week. take that what you will. it's almost like hope springs eternal, but we are a long way from a deal still. neither side, as you said is giving on their basic position. president obama conti
the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate...
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boehner was their leader ostensibly. eric cantor is not undermining boehner in any way. we also have a different context politically. the house republicans maintained the majority but lost seats. i think they realize they can't go through these type of standoffs and continue to hold on to power. they also have cover, importantly, i think, from conservative commentators who are saying, maybe, this isn't the best time to start demanding no rate hikes. i think when the cultures step out there and give you that type of cover, that does give a lot of leeway and it does quiet some of the louder tea party members of the caucus. >> as i said, they had exactly one senator with them today. let's listen to how tough rand ball wants to play this thing. let's listen to this. >> my suggestion to them has been, and i've talked to several members, and you can ask them too, i think we should put forward what we are for. if it gets beyond that and something is going to happen, i think we should encourage those in the house to vote present. let the democrats own this tax increase and it co
boehner was their leader ostensibly. eric cantor is not undermining boehner in any way. we also have a different context politically. the house republicans maintained the majority but lost seats. i think they realize they can't go through these type of standoffs and continue to hold on to power. they also have cover, importantly, i think, from conservative commentators who are saying, maybe, this isn't the best time to start demanding no rate hikes. i think when the cultures step out there and...
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>>neil: the president and speaker boehner meeting. is it because my superpowers are clearly working? a reminder that is built to scale. no need to thank me now, citizens of earth because we may have gotten them together, but yours truly is not happy with what he is hearing. >> welcome, everyone, on a busy morning, i am neil cavuto. one step back, 21 days before the big day. the deal taking shape would put off $100 million in spending cuts by finding savings now but the cuts could be addressed next fall with the potential tax hike as a trigger, a reverse sequestration. so back up for the tax hikes. that would be like me saying i will go on a diet next year. it doesn't mean i will be eating fewer canollis this year. it is time to watch this, my co-super hero. what do you make of this? i'm not encouraged. >>guest: not encouraged. we started hearing when speaker boehner started talking framework, that is kicking the can down the road. the irony is, the debt ceiling debacle from last year they said it would be the last one, when we come to
>>neil: the president and speaker boehner meeting. is it because my superpowers are clearly working? a reminder that is built to scale. no need to thank me now, citizens of earth because we may have gotten them together, but yours truly is not happy with what he is hearing. >> welcome, everyone, on a busy morning, i am neil cavuto. one step back, 21 days before the big day. the deal taking shape would put off $100 million in spending cuts by finding savings now but the cuts could be...
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doing what boehner, tip o'neill and ronald reagan did? this political trophy you want rising rates runs the government for left len days when. it cops to debt ceiling time, mr. president, you will have a republican party make sure we save medicare and social security from bumps and save this country from becoming greece. one of his proposals we should never have any congressional check and balance raising the debt ceiling. he got elected president, not king. he is not king. he is president. martha: are you saying that republicans are willing to go to 39.6% back to that rate but the place where they will hold the line is on the debt ceiling issue. >> rates go up no matter what we do. there needs to be revenue component of any big deal. i think capping deductions is better than raising rates. there will come a day in february and march where we have to raise the debt ceiling by trillions of dollars. we're 16 trillion in debt. is it responsible to keep borrowing money and never address why you're in debt to begin with. long-term debt is baby
doing what boehner, tip o'neill and ronald reagan did? this political trophy you want rising rates runs the government for left len days when. it cops to debt ceiling time, mr. president, you will have a republican party make sure we save medicare and social security from bumps and save this country from becoming greece. one of his proposals we should never have any congressional check and balance raising the debt ceiling. he got elected president, not king. he is not king. he is president....
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Dec 13, 2012
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speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of republican leaders. mike, we're hearing frustration from republicans but the breaking news, 5:00 p.m. east coast time these two getting together again. >> this is critical a 5:00 meeting at the white house between the president and speaker, the two key figures in trying to hammer out a deal. the republicans were trying to make the point spending is the nature of the government's problem, not tax revenue. they prepared a chart showing spending is expected to increase from now to 2041 while tax revenue is expected to hold consistent. so at one point today the speaker of the house sounded like he was kind of tired of answering hypothetical questions. >> ifs and and and butts are like candy and nuts. if that's the case, every day would be christmas. my goal is to get to an agr
speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of republican leaders. mike, we're hearing frustration from republicans but the breaking news, 5:00 p.m. east coast time these two getting together again. >> this is critical a 5:00...
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Dec 6, 2012
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boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not going to be enough. you got to go the rates. once you do the rates, everything else might fall in place because do i think the white house will negotiate. >> i want to go over the stakes of all of this just for the average american family, if we do go over the cliff, about 90% of households would end up paying almost $3,500 more in taxes and one in five action pai -- taxpayers would have to pay the alternative minimum tax, which would mean an increase of $3,700 more of what you already know and those on unemployment i
boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not...
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Dec 6, 2012
12/12
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ed, we are hearing the president and house speaker john boehner actually talked by phone not too long ago. >> that's right, harris. we confirmed that there was a phone call between the two leaders this afternoon. no major progress but i'm told by one aide briefed on the call, this is more than they have done in a long time. so, maybe it's something they can build upon. but the bottom line is the president added somewhat of a new wrinkle today because he doesn't just want to deal with the spending and tax issues on the table and the so-called cliff, fiscal cliff, he also wants to deal with raising the debt ceiling which caused so much controversy a year and a half ago. take a listen to the president today. >> if congress in any way suggests they are going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation which by the way we have never done in our history until we did it last year, i will not play that game. >> now, republics may not want to include the debt ceiling extension lifting that ceiling in these negotiati
ed, we are hearing the president and house speaker john boehner actually talked by phone not too long ago. >> that's right, harris. we confirmed that there was a phone call between the two leaders this afternoon. no major progress but i'm told by one aide briefed on the call, this is more than they have done in a long time. so, maybe it's something they can build upon. but the bottom line is the president added somewhat of a new wrinkle today because he doesn't just want to deal with the...
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Dec 10, 2012
12/12
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boehner has a weak hand. the fact he has a weak hand is causing something close to a panic among the republican rank and file. >> bret: thank you for that. >> you're welcome. i think that you are seeing republicans freak out a little bit. little bit too prematurely. the ironic thing in some ways it might strengthen boehner's hand in negotiations. if he can go in and say they are going to fire me if i do what you are asking. i can't do that. one thing that barack obama understands is personal preservation and self-politic and it may make boehner a more credible negotiator in this. at the end to day, the republicans have to shoot the hostage and they will probably have to end up raising rates. >> bret: let's take a listen to one of the senators. senator corker over the weekendbe. as jonah mentioned he does front a vote in the house but he was speaking this weekend -- he does not have a vote in house but he was speaking on "fox news sunday." >> once you give him the rate on the top 2% it's lesser tax increase th
boehner has a weak hand. the fact he has a weak hand is causing something close to a panic among the republican rank and file. >> bret: thank you for that. >> you're welcome. i think that you are seeing republicans freak out a little bit. little bit too prematurely. the ironic thing in some ways it might strengthen boehner's hand in negotiations. if he can go in and say they are going to fire me if i do what you are asking. i can't do that. one thing that barack obama understands is...
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Dec 11, 2012
12/12
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boehner has toned it down a few notches. you really just have lindsey graham over there shouting a little bit. >> even that is just -- speaking of lindsey graham, let's play it. even he's being careful in what he says. >> the game you're playing is small ball. you're talking about raising rates on the top 2% and run the government for 11 days. just got re-elected. how about doing something big that is not liberal. how about doing something that is bipartisan. every idea he has is a liberal idea that drowns us in debt. how about manning up here, mr. president. >> well, i keep reminding republicans on this is that the white house politically, they can't be the ones proposing major retitlement reforms because the base of the party will eat them alive. >> that's why he is recognizing give the 2% possibly on the tax, but that has to come from the republican party, it can't come from within the white house, yet alone a democrat that just overwhelmingly won. >> sure you watch capitol hill as well as anybody here sitting at this tab
boehner has toned it down a few notches. you really just have lindsey graham over there shouting a little bit. >> even that is just -- speaking of lindsey graham, let's play it. even he's being careful in what he says. >> the game you're playing is small ball. you're talking about raising rates on the top 2% and run the government for 11 days. just got re-elected. how about doing something big that is not liberal. how about doing something that is bipartisan. every idea he has is a...
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Dec 9, 2012
12/12
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boehner authentically doesn't want higher rates. it's a genuine concession by him and by republicans. obama, i think, on truth serum, would agree that significant entitlement reform is something that's necessary, it's something he wants so his concession is actually taking him closer to where he thinks the country needs to be substantively. that is not true of house democrats but with obama, i believe, substantively. chris: i wish you could tell me quickly, why does boehner care so much about the top bracket and the rate? >> because he's authentically a conservative and believes that rates -- higher rates just mean a green light for democrats to expand the role of government. chris: republicans suspect that all democrats want is a larger to spend more money. >> to spend more money and they believe it hinders growth if you have a higher tax rate but you'll see democrats pop up with other issues -- concern about extending unemployment benefits for those out of work the longest which is expensive for the government as well as family fa
boehner authentically doesn't want higher rates. it's a genuine concession by him and by republicans. obama, i think, on truth serum, would agree that significant entitlement reform is something that's necessary, it's something he wants so his concession is actually taking him closer to where he thinks the country needs to be substantively. that is not true of house democrats but with obama, i believe, substantively. chris: i wish you could tell me quickly, why does boehner care so much about...
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Dec 9, 2012
12/12
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more boehner has proposed that in tax reform. it kind of looks like that raising taxes on the wealthy. that means the president which has laid down a substantive plan has to address spending cuts. we need about two dollars in spending cuts for every dollar in tax increases and it has to include entitlement reform. he has talked about different index inflation for social security and raising the age of medicare. that is the grand bargain that we need to do so we stop the negotiation and come to the principle compromise so we have a sustainable debt to g.d.p. ratio so our economy grows. that is what the compromise should the have to do and tax reform and entitlements and raising marginal tax rates. >> heather: do you think compromise is in progress in terms of the meeting today? >> any time the parties are talking face to face and not picking up the phone and having short conversations is a good thing. occasionally a deal gets done. we've been down this road before. boehner thought he had a deal with the president and president tho
more boehner has proposed that in tax reform. it kind of looks like that raising taxes on the wealthy. that means the president which has laid down a substantive plan has to address spending cuts. we need about two dollars in spending cuts for every dollar in tax increases and it has to include entitlement reform. he has talked about different index inflation for social security and raising the age of medicare. that is the grand bargain that we need to do so we stop the negotiation and come to...
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Dec 10, 2012
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. >> then it looks like a win for boehner. that's -- i see that as his way not to lose his job and not to have all those republicans who, by the way, really don't like him being in the room alone. he becomes, you know, more of a collaborationist in that room alone with obama. >> they would prefer certain members of the republican party would like to see these televised, these negotiations televised on c-span. john boehner has said i don't want any of the congressional leadership. it's me and you. >> seconds and thirds in there have cantor in there and mccarthy in there, some other people. >> i'm sure cantor would like to be in there. >> yes. >> michael steele, the other thing -- the other sort of pieces of leverage here, if they exist for the republican party, are continuing unemployment insurance. 2.1 million long-term unemployed americans will lose benefits at the end much the year. another million will lose benefits in the next three months if we do nothing. the republicans have sort of said we're going to hold this stuff.
. >> then it looks like a win for boehner. that's -- i see that as his way not to lose his job and not to have all those republicans who, by the way, really don't like him being in the room alone. he becomes, you know, more of a collaborationist in that room alone with obama. >> they would prefer certain members of the republican party would like to see these televised, these negotiations televised on c-span. john boehner has said i don't want any of the congressional leadership....
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Dec 13, 2012
12/12
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and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they want either way. this is trufrustrating republic. when i talk to republicans privately, they say this is hugest from trags. the speaker has put $800 billion on the table and said he would go higher than if the president would come along with spending cuts. >> how high are you hearing? >> it's unclear. i think he's just signaling a willingness which many republicans tell me will also end up being a move on the tax rates. but he can't go there with his caucus, unless he has the spending cuts that he can sell $800 billion in revenue, and we're going to get you $800 billion in spending cuts. democrats don't
and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they...